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Tata Chemicals
Hold Tata Chemicals: Bhambwani
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GuestTracked by: 0 Boarder
here is chance to invest in tata chemicals target 450 in a month...
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Hold Tata Chemicals: Bhambwani
Posted by :
MMB Messenger
Technical Analyst, Vijay Bhambwani is of the view that one can hold Tata Chemicals. It is for very patient people and as long as it holds above the Rs 290 levels, there is a possibility of an up move, which could see minor resistance emerging at Rs 370 or Rs 375.
Hold Tata Chemicals: Bhambwani
Posted by :
MMB MessengerTracked by: 0 Boarder
Technical Analyst, Vijay Bhambwani is of the view that one can hold Tata Chemicals. It is for very patient people and as long as it holds above the Rs 290 levels, there is a possibility of an up move, which could see minor resistance emerging at Rs 370 or Rs 375....
Tata Chemicals loses further ground
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MMB MessengerTracked by: 0 Boarder
At 1:05 pm, Tata Chemicals was quoting at Rs 315.10, down Rs 22.6, or 6.69%. It has touched an intraday high of Rs 339 and an intraday low of Rs 313. It was trading with volumes of 383,105 shares. Yesterday the share closed down 2.88% or Rs 10 at Rs 337.70. ...
Buy Tata Chemicals, Shiv Vani Oil: H Jani
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MMB MessengerTracked by: 0 Boarder
Hemang Jani, Senior Vice President at Sharekhan is of the view that in midcap space one can buy Tata Chemicals, Shiv Vani Oil and Crompton Greaves....
Sell call for TATA Chemical
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GuestTracked by: 4 Boarders
Hi Guys, I have 100 of tata chemicals at avg. of 243. I recd dividend @ 9 per share. I personally believe that this stock is wonderful it hasn\\`t gave me any loss at the time if January market crash also. They r the largest soda ash manufacturers in world. lot more to come guys....
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Sell call for TATA Chemical
Posted by :
Saurabh S.
Sell TATA Chemical at cmp with target of 300 sl of 352
Sell call for TATA Chemical
Posted by :
Saurabh S.Tracked by: 4 Boarders
Sell TATA Chemical at cmp with target of 300 sl of 352
...
Tracked by: 0 Boarder
hahah dude see recent post of tata chem
i gave buy call 2 buy huge lots at 325 on monday n on tuesady it touched 345 i said 2 bboookj profits//
n nw its down..so betta leave dis counter n for tomo u can go on RCAP...
In reply to:
BUY
Posted by :
karshin
Asit C mehta investment intermediary has maintained its buy rating on Tata Chemicals with a price target of 350
Tracked by: 0 Boarder
Asit C mehta investment intermediary has maintained its buy rating on Tata Chemicals with a price target of 350...
buy buy buy hugle lots n shares
Posted by :
vtycoonTracked by: 0 Boarder
aha,....sab ne khooob profit kamae......happy oll earn on ma freee calss..
cya njoy ma calss :D...
In reply to:
buy buy buy hugle lots n shares
Posted by :
vtycoon
buy tata chemical for upside of 25+ in few day...njoy ma short term calls n make profits
buy tata chem future @ 325
Tata Chemicals
Posted by :
zoombusinessTracked by: 0 Boarder
Tata Chemicals
has hit all the targets.........
352 is the high of the day ...........cheers
S and M
...
NSE Announcements on Tata Chemicals
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MMB MessengerTracked by: 0 Boarder
Tata Chemicals Ltd. has informed the Exchange regarding a press release dated July 30, 2008, titled "Record Q1 Results from Tata Chemicals". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
buy buy buy hugle lots n shares
Posted by :
vtycoonTracked by: 0 Boarder
buy tata chemical for upside of 25+ in few day...njoy ma short term calls n make profits
buy tata chem future @ 325...
BSE Announcements on Tata Chemicals
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MMB MessengerTracked by: 0 Boarder
Tata Chemicals Ltd has informed BSE regarding Press Release dated July 30, 2008 titled "Records Q1 Results from Tata Chemicals"....
TATA Chemicals
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zoombusinessTracked by: 0 Boarder
Tata Chem and rel cap will be on Lime light. ...
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TATA Chemicals
Posted by :
Leave it.
On standalone basis, Tata Chemicals has posted a net profit of Rs.586.70 million during the quarter against Rs.1.21 billion of the previous year quarter.
The company's total income surged to Rs.12.36 billion from Rs.6.81 billion
Will this figures be reflected in today's trading in the market and the sentiments of the traders?
v.krishnamoorthy
Tata Chemicals
Posted by :
zoombusinessTracked by: 0 Boarder
India’s leading inorganic chemicals and fertilisers manufacturer Tata Chemicals came out with better results for the quarter ended June 2008 compared to the same period last year. Profit from operations nearly doubled to Rs 505 crore on a consolidated basis. However, notional forex loss of Rs 129 crore has hit its net profit. The resultant consolidated net profit was 22% lower on y-o-y basis at Rs 107 crore.
The company had borrowed $825 million earlier this year to finance its acquisition of US-based General Chemical Industries (GCIP). With the rupee weakening against dollar during this quarter, the company had to provide for a notional loss on this liability.
“These are notional losses and not cash expenditure. Nothing goes out due to this. We had to provide for it just because the accounting standards recommend it. Since the repayment of these borrowings begins only from 2012, we don’t find any need to hedge this position. Besides, we have dollar earnings flow from GCIP to pay off these liabilities. Hence, this is not going to affect our operationally excellent results,” said PK Ghose, finance director, Tata Chemicals.
Both inorganic chemicals and fertilisers performed well during the quarter. Operating margins in the chemicals business remained strong at 24% while fertiliser margins jumped to 20% from just 13% earlier. Homi Khusrokhan, MD, Tata Chemicals, said: “The recent change in the fertiliser policy allowing phosphatic fertilisers to receive subsidy based on import price parity, helped the company in improving margins.”
Besides, we had purchased raw materials at a low cost earlier, the output from which could be sold at higher prices once the policy is changed. However, this is a one-time benefit and hence the margins may taper off gradually from the current levels.” The company is debottlenecking its urea plant at Babrala while awaiting a new and favourable urea fertiliser policy from the government.
With the results of GCIP now incorporated in TCL’s results for the first time, the total revenues shot up to Rs 2,192 crore from Rs 1,129 crore in the corresponding quarter of the previous year. The operating margins improved marginally leading to a 96% jump in operating profits. Despite a sharp increase in the interest costs, gains in other income means that the pre-tax profits more than doubled to Rs 352 crore. However, as mentioned earlier, the company had to write off Rs 129 crore as notional loss on outstanding forex liability. After provisions for taxes and minority interest, the net profit for the group was 22% down at Rs 107 crore. -ET...
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